+ Follow COLLEGE ASSURANCE PLAN PHILIPPINES INC Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 699795
[Title] => CA allows CAP to pay $6 million to affiliate firms
[Summary] => The Court of Appeals (CA) has allowed pre-need firm College Assurance Plan Philippines Inc. (CAP) to pay its affiliate creditors its outstanding dues worth some $6 million despite opposition from planholders.
[DatePublished] => 2011-06-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096875
[AuthorName] => Edu Punay
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 398981
[Title] => CAP cleared to sell Bancommerce stake to James Packer of Australia
[Summary] => Pre-need firm College Assurance Plan Philippines Inc. has been given the green light by the Bangko Sentral ng Pilipinas (BSP) to sell its shareholdings in Bank of Commerce to a private equity fund owned by Australian gaming and media tycoon James Packer.
[DatePublished] => 2008-09-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 294581
[Title] => CAP files petition for rehabilitation
[Summary] => Pre-need firm College Assurance Plan Philippines Inc. (CAP) has filed a petition for rehabilitation with the Regional Trial Court of Makati, claiming it was forced to resort to this move to protect the company and its planholders from the continued bullying tactics of the Securities and Exchange Commission (SEC).
[DatePublished] => 2005-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 288436
[Title] => SEC mulls charges against CAP for violations of pre-need rules
[Summary] => On top of its financial problems, College Assurance Plan Philippines Inc. may face criminal and administrative charges for violation of pre-need rules and the Revised Penal Code, a Securities and Exchange Commission (SEC) official said yesterday.
The official, who requested not to be named, said that aside from taking over the management of CAP, the corporate watchdog is considering other options, including imposing administrative and/or criminal charges against the pre-need firm.
[DatePublished] => 2005-07-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 284468
[Title] => SEC en banc okays creation of CAP management committee
[Summary] => The collegial body of the Securities and Exchange Commission (SEC) has approved the proposal for a management takeover of pre-need firm College Assurance Plan Philippines Inc. (CAP) after careful review of the terminal report prepared by an SEC oversight committee.
An SEC official said the commission en banc, the SEC’s decision-making body, affirmed the oversight committee’s recommendation that a full-time management committee (mancom) be formed to oversee the operations of CAP and its affiliates such as Comprehensive Annuity Plans and Pension Corp. and CAP Health.
[DatePublished] => 2005-07-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 265076
[Title] => Signing of CAP deal deferred
[Summary] => The signing of a memorandum of agreement (MOA) between College Assurance Plan Philippines Inc. and a local property developer will have to wait for two to three more days pending the finalization of the terms of the deal, a high-ranking CAP official said yesterday.
The MOA was set for signing yesterday but had to be deferred to allow lawyers to structure the deal in a way that will be more cost efficient. "Lawyers are still finalizing the structure of the deal to make it more tax efficient," the CAP official said.
[DatePublished] => 2004-09-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 263277
[Title] => CAP in talks with local property developer for P6-B in real estate
[Summary] => Leading pre-need firm College Assurance Plan Philippines Inc. (CAP) expects to secure about P6 billion worth of properties from a local real estate developer to further boost its trust fund, a top company official said.
CAP director Robert John Sobrepena said the company is presently in talks with the developer for a property-to-share swap, which would involve the possible infusion into CAP’s trust fund of P6 billion worth of real estate in exchange for preferred shares to be issued by CAP.
[DatePublished] => 2004-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 262316
[Title] => Foreign group to acquire 1/3 of CAP for $227M
[Summary] => College Assurance Plan Philippines Inc. (CAP), one of the country’s largest pre-need companies, expects to raise $227 million from the entry of a foreign investor by way of straight cash infusion and purchase of some assets.
CAP is trying to negotiate for a $100-million equity infusion with a foreign investor before the September 30 deadline set by the Securities and Exchange Commission (SEC). Apart from this, the prospective foreign investor is expected to shell out another $127 million to liquefy certain trust fund assets of CAP which include MRT bonds.
[DatePublished] => 2004-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 261818
[Title] => SEC upholds creation of body to oversee operations of CAP
[Summary] => The Securities and Exchange Commission (SEC) has uphold its order creating an oversight committee to oversee the operations of leading pre-need firm College Assurance Plan Philippines Inc. (CAP), despite the latter’s objections.
The SEC explained that the oversight committee is necessary to monitor CAP’s operations and map out ways to address the firm’s trust fund deficiency.
[DatePublished] => 2004-08-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 257216
[Title] => CAP eyes $100-M infusion from foreign investor
[Summary] => The Securities and Exchange Commission (SEC) expects College Assurance Plan Philippines Inc., (CAP), one of the country’s biggest pre-need companies, to conclude negotiations for a possible $100 million capital infusion or loan end this month.
"We’re waiting for their foreign investor. They said negotiations with the foreign investor should be concluded by the end of the month so let’s wait and see," SEC chairman Lilia R. Bautista said.
[DatePublished] => 2004-07-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
COLLEGE ASSURANCE PLAN PHILIPPINES INC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 699795
[Title] => CA allows CAP to pay $6 million to affiliate firms
[Summary] => The Court of Appeals (CA) has allowed pre-need firm College Assurance Plan Philippines Inc. (CAP) to pay its affiliate creditors its outstanding dues worth some $6 million despite opposition from planholders.
[DatePublished] => 2011-06-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096875
[AuthorName] => Edu Punay
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 398981
[Title] => CAP cleared to sell Bancommerce stake to James Packer of Australia
[Summary] => Pre-need firm College Assurance Plan Philippines Inc. has been given the green light by the Bangko Sentral ng Pilipinas (BSP) to sell its shareholdings in Bank of Commerce to a private equity fund owned by Australian gaming and media tycoon James Packer.
[DatePublished] => 2008-09-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 294581
[Title] => CAP files petition for rehabilitation
[Summary] => Pre-need firm College Assurance Plan Philippines Inc. (CAP) has filed a petition for rehabilitation with the Regional Trial Court of Makati, claiming it was forced to resort to this move to protect the company and its planholders from the continued bullying tactics of the Securities and Exchange Commission (SEC).
[DatePublished] => 2005-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 288436
[Title] => SEC mulls charges against CAP for violations of pre-need rules
[Summary] => On top of its financial problems, College Assurance Plan Philippines Inc. may face criminal and administrative charges for violation of pre-need rules and the Revised Penal Code, a Securities and Exchange Commission (SEC) official said yesterday.
The official, who requested not to be named, said that aside from taking over the management of CAP, the corporate watchdog is considering other options, including imposing administrative and/or criminal charges against the pre-need firm.
[DatePublished] => 2005-07-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 284468
[Title] => SEC en banc okays creation of CAP management committee
[Summary] => The collegial body of the Securities and Exchange Commission (SEC) has approved the proposal for a management takeover of pre-need firm College Assurance Plan Philippines Inc. (CAP) after careful review of the terminal report prepared by an SEC oversight committee.
An SEC official said the commission en banc, the SEC’s decision-making body, affirmed the oversight committee’s recommendation that a full-time management committee (mancom) be formed to oversee the operations of CAP and its affiliates such as Comprehensive Annuity Plans and Pension Corp. and CAP Health.
[DatePublished] => 2005-07-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 265076
[Title] => Signing of CAP deal deferred
[Summary] => The signing of a memorandum of agreement (MOA) between College Assurance Plan Philippines Inc. and a local property developer will have to wait for two to three more days pending the finalization of the terms of the deal, a high-ranking CAP official said yesterday.
The MOA was set for signing yesterday but had to be deferred to allow lawyers to structure the deal in a way that will be more cost efficient. "Lawyers are still finalizing the structure of the deal to make it more tax efficient," the CAP official said.
[DatePublished] => 2004-09-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 263277
[Title] => CAP in talks with local property developer for P6-B in real estate
[Summary] => Leading pre-need firm College Assurance Plan Philippines Inc. (CAP) expects to secure about P6 billion worth of properties from a local real estate developer to further boost its trust fund, a top company official said.
CAP director Robert John Sobrepena said the company is presently in talks with the developer for a property-to-share swap, which would involve the possible infusion into CAP’s trust fund of P6 billion worth of real estate in exchange for preferred shares to be issued by CAP.
[DatePublished] => 2004-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 262316
[Title] => Foreign group to acquire 1/3 of CAP for $227M
[Summary] => College Assurance Plan Philippines Inc. (CAP), one of the country’s largest pre-need companies, expects to raise $227 million from the entry of a foreign investor by way of straight cash infusion and purchase of some assets.
CAP is trying to negotiate for a $100-million equity infusion with a foreign investor before the September 30 deadline set by the Securities and Exchange Commission (SEC). Apart from this, the prospective foreign investor is expected to shell out another $127 million to liquefy certain trust fund assets of CAP which include MRT bonds.
[DatePublished] => 2004-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 261818
[Title] => SEC upholds creation of body to oversee operations of CAP
[Summary] => The Securities and Exchange Commission (SEC) has uphold its order creating an oversight committee to oversee the operations of leading pre-need firm College Assurance Plan Philippines Inc. (CAP), despite the latter’s objections.
The SEC explained that the oversight committee is necessary to monitor CAP’s operations and map out ways to address the firm’s trust fund deficiency.
[DatePublished] => 2004-08-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 257216
[Title] => CAP eyes $100-M infusion from foreign investor
[Summary] => The Securities and Exchange Commission (SEC) expects College Assurance Plan Philippines Inc., (CAP), one of the country’s biggest pre-need companies, to conclude negotiations for a possible $100 million capital infusion or loan end this month.
"We’re waiting for their foreign investor. They said negotiations with the foreign investor should be concluded by the end of the month so let’s wait and see," SEC chairman Lilia R. Bautista said.
[DatePublished] => 2004-07-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
